72.59 ac for Next Master Planned Residential Community

Vacant Land for Sale
Catylist Listing ID: 30445728
Property Subtypes: Multi-Family, Residential (Single Family)
Gross Land Area: 72.59 Acres
Sale Price: $5,400,000
Unit Price: $74,390 Per Acre
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/9/2019

Overview / Comments

PROPERTY DESCRIPTION West Lake is a 72+/- acre high and dry cleared parcel that is ideal to be the next master planned residential community. The future land use is R-4 which potentially could equate to as many as 288 residential units, if rezoned for the maximum density. The property is within the urban service area with no visible wetlands.

LOCATION DESCRIPTION This property is located at 2216 W. Lake Drive in the rapidly growing Wimauma suburb of Tampa, FL. The property is 30 minutes from Downtown Tampa and is directly east of the South Shore Bay, a master planned community that is actively under development with Hillsborough County's first Crystal Lagoon amenity.

PROPERTY SIZE 72.59 Acres

ZONING AR

FUTURE LAND USE R-4

PARCEL ID 079525-0000, 079527-0000, & 079527-0100

PROPERTY OWNER West Lake LLC

This listing has a variable rate commission.

Additional Details

Nearest MSA: Tampa-St. Petersburg-Clearwater
County: Hillsborough
Tax ID/APN: 2032162XN000000000030U

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,145 19,952 36,752
Median Age: 26.43 51.35 52.62
Households: 524 8,767 16,686

Contact

Photograph of Listing Agent

William A. Eshenbaugh

Eshenbaugh Land Company CE-FL Member
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